(Reuters) - Warren Buffett's $1.2 billion share buyback from a single unnamed investor likely helped that person's estate save substantially on taxes, just one day after the Berkshire Hathaway CEO said the rich should actually be paying more, not less, when they die.

With the "fiscal cliff" looming and estate taxes set to rise dramatically in less than three weeks, the timing was seen as advantageous - and, according to Berkshire watchers, also out of place in the context of Buffett's recent tax activism.

re: Warren"ScrewAmerica"Buffett screws again. This time on estate tax.(Posted by NC_Tigah on 12/13/12 at 6:01 am to el duderino III)

quote:he gets more and more openly liberal as he gets closer to death. guilty white people gonna be guilty.

Liberal isn't the problem. I take no issue at all with libs as long as they walk the walk. Buffett does not.

Though perhaps not licentious to the level of Soros, Buffett continues to use a manufactured image as a "Great American" to cover activities that are at best amoral with regard to American interests. Admittedly the OP title is a bit overstated. Buffett doesn't actually impress me as a ScrewAmerica anti-American. He is more neutral-American. I'd guess he doesn't care much about America one way or another other than as a stable market platform.

The real problem comes when someone of his ilk involves himself in politics. The inevitable result is unseemly at best. In this case at the same time Buffett is promoting taxes as American's duty, he's scheming to contribute virtually nothing of his $57 Billion to the Country or taxes. In fact, it appears he's planning for most of it to be sent to other countries.